Tag: virtual assets

South Korean crypto exchange Bithumb mistakenly distributed over $40 billion worth of bitcoin as promotional rewards, causing a sharp selloff and prompting regulators to review crypto exchange controls.

Finance Minister Muhammad Aurangzeb says Pakistan is at a critical early stage of shaping its digital asset ecosystem as talks with U.S.-based Icoin Technology focus on regulation, innovation, and financial inclusion.

Pakistan signs MoU with SC Financial Technologies LLC to enhance digital payment systems, cross-border transaction frameworks, and fintech infrastructure, boosting the country’s integration into global digital finance.

JazzCash and Binance have signed an MoU to explore potential collaboration for the responsible growth of virtual assets in Pakistan, aligned with the country’s evolving regulatory framework and the establishment of PVARA.

Binance and JazzCash have signed a Memorandum of Understanding to explore collaboration on virtual asset solutions, education, and awareness in line with Pakistan’s evolving regulatory framework under PVARA.

Finance Minister Muhammad Aurangzeb makes his first visit to the Pakistan Virtual Asset Regulatory Authority, highlighting government efforts to strengthen virtual asset regulations and promote investor confidence.

Pakistan moves forward in the digital finance revolution with an exclusive event at NIC Karachi focusing on virtual assets, real estate tokenization, and Shariah-compliant blockchain innovations, featuring top industry leaders from Binance, KTrade Securities, DigiEstate, and Blockanica Technologies.

Pakistan’s central bank plans to pilot a digital currency and finalize legislation to regulate virtual assets, signaling a major push to modernize its financial system and embrace blockchain technology.